Daily Mail: Reports on the street battles between Greek Police and protesters against the austerity package of the Greek Government. The Police should read the riot act to these protesters, peaceful protest is to be supported but when protesters turn violent then the full force of Law and Order should come down on them, the Greek people didn’t protest in the good times, well its their fault if they allowed their government to lie to them, the austerity package of the Troika of EU/IMF/ECB is needed to save the banks of France and Germany. The stock markets of the EU are bonkers, they go up and down with the latest rumour, the latest was that that the EU had come up with a banking plan, thus far no banking plan, if fact NO PLAN at all, the expected green light to the next part of the Greek bailout has been placed on hold, the troika cant get in to Greek Government buildings to see the books because they are being blocked by the workers, thus how can you trust anything the Greeks tell the outside world. The Greeks are the modern Titanic, they have been cut below the water line and the bulkheads only reach E Deck, the water is close to taking down the whole ship, in this case modern Greece. Time is running out for Greece, a modern Western state that has failed. That is the fault of the politicians and the people.
A look at the Politics of the United States and the UK. The Foreign Policies of both countries and how they behave in the International Community.
Wednesday, October 05, 2011
The Cameron Speech - VERDICT
Guardian Live: Reports on the political verdict by writers and those that comment on politics, the Guardians Michael White writes the following, “ There's a lot of Blair in this speech….optimism.. ”. In the present economic mess the PM could hardly do a dance on the stage speech and say all was well, if you just watch the riots in Athens to see that is NOT SO, the constant Eurozone Crisis would tell you the EU and the Western economy is facing going over a cliff. Thus the PM stated that both the Government and individuals are cutting back on their debt. In broad terms the speech was a typical conservative speech, helping business, wanting public schools to be as good as private schools, but what made it a modern Conservative speech was the call to help the poor of Africa, also the support Gay marriage, it has taken PM Cameron to move the Conservative Party in the right way. The PM stressed how in many respects he is following the Blair model with liberal intervention as was the case with Libya, how it was in the national security interest of the UK. But of course the difference between Cameron and Blair is the fact that Cameron used the UN, the NATO action in Libya had UN approval, this was not the case with Iraq it has been argued with some justification, even if this blog supported the War. The speech was lot more polished than the one given by Ed Miliband the Labour leader, the PM had an attack on the view that you could decide what was good or bad business, this was a PM’s speech, the Miliband speech you would give at a seminar lecture. Thus on the whole good Conservative Party Conference, Mr Miliband will have lift his game to be the labour leader in 2015.
The Banks and the Eurozone Crisis
Telegraph Live: Reports that there is no rescue plan for the European Banks even after news reports. The rumour of a banking rescue plan is the reason for the Markets going up in the UK and Europe. At the moment the Stock Markets are running of blind rumour and fear, one minute hundred of points down, then back in the good, while this is going on Greece is going to hell, the first directly Greek affected bank, Dexia has to be bailed out by the French and German Central Banks, Italy is going to the dogs, or fast becoming owned by the European Central Bank, the US in political system is deadlocked till the 2012 election, the EU seems hoping something comes along that bail them out, so far the EU has not been that impressive, and if Greece goes under without a managed default then its game over, Great Depression, the PIIGS will bring down the EU.
Greece General Strike - Eurozone Crisis
BBC News: Reports in effect that Greece is closed down by a General Strike. The Unions are not helping their members, the public sector in Greece has to be axed and axed big time. The age of plenty is over, no more retiring at 50, no more phoney jobs in the public sector, no more lending from the money markets to keep the welfare state going, its all over folks, and Greece is the first victim, Greece either gets its head around this development or goes under, becomes the property of the EU, no government and the budget run by France and Germany. That is the price of failure in Greece folks.
Labels:
2008 Banks,
Bailout for Banks,
EU,
France,
Germany,
Greece,
IMF,
Ireland,
Italy,
Portugal,
Spain,
UK Banks
Subscribe to:
Posts (Atom)